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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Selma at 604 Draper Valley Rd, Selma, OR, 97538 generates $2,392/mo in rent and, after a $1,806/mo payment, leaves $165/mo in cash flow. Total monthly income is $2,392/mo, and annual cash flow is $1,977/yr on $122,324 invested. Return on cash invested sits at 21.52% in year one, and rental yield is 7.78% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 111.31% and total cumulative return in cash sums $136,155. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
5.07 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97538, Selma, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 615 (66.3%) |
| Renter Occupied HU | 143 (15.4%) |
| Vacant Housing Units | 169 (18.2%) |
| Median Home Value | $535,480 |
| Average Home Value | $621,528 |
Residential
582
Single Family
580
Multi-Family
2
Businesses
44
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $1283.35 | -0.03% | $140,820 | 0.01% |
| 2022-10-21 | $1283.79 | 1.20% | $140,810 | 6.08% |
| 2021-10-21 | $1268.53 | N/A | $132,740 | 3.00% |
Listed by: N/A • Whole Heart Realty LLC
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220191241
Disclaimer: 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2024-10-21 05:21:48 PDT
